SINGAPORE (THE BUSINESS TIMES) - CapitaLand China Trust (CLCT) has announced a distribution per unit (DPU) of 4.23 cents for the first half ended June 30, up 40.1 per cent from a DPU of 3.02 cents in the year-ago period, despite an enlarged unit base.
The increase comes on the back of a 72.9 per cent rise in distributable income (DI) to $64.1 million.
In a bourse filing on Thursday morning (July 29), CLCT s manager said the first-half growth was mainly due to new contributions from its business park portfolio, 100 per cent contribution from Rock Square and new contribution from CapitaMall Nuohemule, a mall in Inner Mongolia that opened this year.
CRCT opens CapitaMall Nuohemule in Hohhot with 100% occupancy | Successful mall opening will be followed by divestment of CapitaMall Saihan as part of bundle deal to strengthen CRCT's portfolio capitaland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from capitaland.com Daily Mail and Mail on Sunday newspapers.